Rare red diamonds a new record for Rio’s Argyle mine

For the first time in its 30-year history, Rio Tinto will be showcasing three Fancy Red diamonds at its annual Argyle Pink Diamonds Tender, one of the world’s most exclusive sales of rare diamonds.

Argyle Pink Diamonds manager Josephine Johnson said the three red diamonds marked a special moment in the mine’s history.

“Since mining begun in 1983 only six diamonds certified as Fancy Red by the Gemmological Institute of America have been presented for sale at the annual tender. To have three of these red diamonds in one tender is a very special moment.”

Also on show will be a 1.56 carat round gem called the Argyle Phoenix named in honour of the newly commissioned Argyle underground mine.

While for the first time in eight years, a diamond greater than three carats will be also showcased.

In total, the 2013 Argyle Pink Diamonds Tender comprises of 64 diamonds, including 58 pink diamonds, three fancy red diamonds and three blue diamonds.

Tender viewings will be held in Perth and Hong Kong. Bids close on the 8th of October 2013.

Image: fancydiamonds.net

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